Is Charlotte, NC cheaper than Milford, MA?

Based on cost of living data, Charlotte, NC is 28.9% cheaper than Milford, MA. This translates to saving $2169 per month.

What salary do I need in Charlotte, NC to live like I do in Milford, MA?

If you earn $150,000 in Milford, MA, you'd need approximately $123,974.99 in Charlotte, NC to maintain the same standard of living.

How does housing cost compare between Milford, MA and Charlotte, NC?

Housing in Charlotte, NC is 43.2% cheaper than in Milford, MA. For a two-bedroom apartment, rent is $1,870/month in Charlotte, NC compared to $2,413/month in Milford, MA.

How much can I save per month by moving from Milford, MA to Charlotte, NC?

Moving from Milford, MA to Charlotte, NC could save you approximately $2169 per month, or $26025 per year, based on a $150,000 salary.

Milford, MA vs Charlotte, NC: Cost of Living Comparison 2026

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Cost of Living Comparison 2026

📍 Milford, MA — COL adjusted from Boston, MA area + state data

Current salary in Milford, MA

Numbers update automatically as you type

You'd save $2.2K/month moving to Charlotte, NC

$150.0K in your current city equals $124.0K in Charlotte, NC

Rent data from HUD ZIP-level estimates · COL index from area

Overall Cost

↓ 28.9%

Less expensive

Monthly Impact

$2,169

Savings

Annual Impact

$26.0K

Per year

Based on monthly living costs (rent, groceries, utilities, transport, healthcare). Home purchase prices shown separately below.

Milford, MA

Population:27K

Cost Index:100

Median Home:$961K

Charlotte, NC

Population:875K

Cost Index:71

Median Home:$399K

Milford, MA

The Bay State

27K

Population

State Tax

Yes

Located in Massachusetts, this city has a population of 27K residents.

Charlotte, NC

The Tar Heel State

875K

Population

State Tax

Yes

Climate

Humid subtropical

Notable Facts

•Major banking center
•NASCAR headquarters
•Queen City

Major Industries

FinanceTechnologyEnergyMotorsports

Cost Breakdown by Category

Annual spending: Milford, MA vs Charlotte, NC

Category	Milford, MA	Charlotte, NC	Difference	Change
🏠Housing	$4,348/mo	$2,469/mo	↓ $1,879less	43.2%
🚗Transportation	$1,676/mo	$1,202/mo	↓ $474less	28.3%
⚡All Utilities	$685/mo	$519/mo	↓ $166less	24.2%
🏥Healthcare	$712/mo	$638/mo	↓ $73.35less	10.3%
🛒Groceries	$1,033/mo	$989/mo	↓ $43.52less	4.2%
📦Other	$1,671/mo	$1,707/mo	↑ $36.39more	2.2%

🏠Housing

↓ 43.2%

Milford, MA

$4,348

Charlotte, NC

$2,469

Difference

$1,879

less

🚗Transportation

↓ 28.3%

Milford, MA

$1,676

Charlotte, NC

$1,202

Difference

$474

less

⚡All Utilities

↓ 24.2%

Milford, MA

$685

Charlotte, NC

$519

Difference

$166

less

🏥Healthcare

↓ 10.3%

Milford, MA

$712

Charlotte, NC

$638

Difference

$73.35

less

🛒Groceries

↓ 4.2%

Milford, MA

$1,033

Charlotte, NC

$989

Difference

$43.52

less

📦Other

↑ 2.2%

Milford, MA

$1,671

Charlotte, NC

$1,707

Difference

$36.39

🏠Rent Comparison

Studio

From$1,674

To$1,630

↓ $44.00

1 Bed

From$1,946

To$1,710

↓ $236

2 Bed

From$2,413

To$1,870

↓ $543

3 Bed

From$3,114

To$2,300

↓ $814

Charlotte, NCZIP-level data

1BR range: $1,340–$2,310/mo

💡 Note: Rent prices are based on HUD Fair Market Rent data and represent median costs. Actual prices vary by neighborhood, amenities, and condition. Source: HUD Small Area Fair Market Rents FY2026.

$10,125

Monthly in Milford, MA

$7,525

Monthly in Charlotte, NC

$2,600

Difference

Home Values

Milford

Charlotte

Median Value

$399K

YoY Change

↓ -1.1%

5-Year Change

↑ +40.8%

Price Range

$293K - $1.57M

Calculate payment - Charlotte

Source: Zillow Home Value Index (ZHVI), January 2026

Tax Comparison

Annual tax burden comparison at $150.0K salary

Tax Savings

↑ $375

Per year

Monthly Difference

$31.25

More take-home

Effective Rate Diff

0.3%

Rate difference

Milford, MA

Federal Income Tax

Effective: 18.9%

$25.5K

Massachusetts State Tax

Effective: 5.0%

$7.5K

FICA Taxes

Social Security + Medicare

$11.5K

Total Taxes

Effective: 29.7%

$44.5K

Take-Home Pay

$8,791/month

$105.5K

Charlotte, NC

Federal Income Tax

Effective: 18.9%

$25.5K

North Carolina State Tax

Effective: 4.8%

$7.1K

FICA Taxes

Social Security + Medicare

$11.5K

Total Taxes

Effective: 29.4%

$44.1K

Take-Home Pay

$8,822/month

$105.9K

Additional Tax Information

Milford, MA Tax Rates

Sales Tax:6.3%

Property Tax:1.2%

Charlotte, NC Tax Rates

Sales Tax:7.1%

Property Tax:0.8%

💡 Note: Tax calculations are estimates based on 2024/2025 tax brackets for single filers with standard deduction. Actual taxes may vary based on filing status, deductions, credits, and local variations.